- IATA Code
- ICAO Code
- Corporate Address
- Centro direzionale Aeroporto Costa Smeralda
- Main hub
- Milan Malpensa Airport
- Business model
- Full Service Carrier
- Association Membership
- Codeshare Partners
- Air Italy
Meridiana Fly is an Italian airline headquartered at Olbia-Costa Smeralda Airport, but its operations are based largely at Milan Malpensa Airport and Rome Fiumicino airports. The airline was originally called Meridiana, but changed later to Meridiana Fly after merging with Eurofly in 2010. The airline announced another merger on 18 July 2011 with Air Italy, a scheduled and charter operator. The Meridiana Fly airline group now has a combined fleet of 50 aircraft with a particular focus leisure markets. Meridiana Fly is publicly-listed on the Milan Stock Exchange, and offers scheduled service to destinations in Europe, Africa, the Indian Ocean and North America.
Location of Meridiana Fly main hub (Milan Malpensa Airport)
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Meridiana fly and Air Italy, two of Italy’s smaller players, have announced their intention to merge and create a “stronger player in the Italian leisure and charter market”. The merger is another key strategic move in the Italian air transport market, which has been in near constant flux since the demise of the former Alitalia.
The first part of this three-part report on airline market capitalisations described how Air China is valued more on the stock exchange than US carriers United-Continental, JetBlue, Hawaiian Air, AirTran, US Airways, American Airlines, Republic Airways and Skywest combined. In this final section, CAPA reviews some further interesting facts from the equity investment world.
Meridiana Fly and Italy's Verona Airport have signed a new agreement protocol in order to develop the airport and airline's services and to open new international connections. As part of the agreement, the carrier plans to launch Verona-Rome service.
Start-up carriers are continuing to enter the market in most places in 4Q2009, taking advantage of lower aircraft prices, as well as airline failures and/or capacity reductions by rivals in some markets. Several of the new carriers are the result of cross-border expansion by airlines in emerging markets, such as Eastern Europe and Africa.
Europe’s leading LCC, Ryanair, looks set to continue its expansion in Italy as LCC capacity share (a good indicator of market share) growth generally in Europe has tailed off during the last three years. Alitalia has meanwhile announced it is considering transforming Air One, the local rival it merged with in Dec-2008, into an LCC, in response to intense competition.